Salisbury · Salisbury, NC
1440 Majolica Road
Salisbury, NC · 1,466 sqft
$235,000
Reduced from $250,000
- 4Beds
- 1Baths
- 1,466SqFt
- 1949Year
- 55Days on market
About this home
$15K price improvement — creating an even stronger opportunity for investors ready to add value.
This 4-bedroom home in Salisbury, situated on approximately 0.50 acres, presents a compelling opportunity for renovation or rental repositioning. With 1,466 heated square feet, the property offers flexibility for buyers looking to improve and increase overall value.
Currently configured with 1 bathroom, there may be potential to rework the layout and add an additional bathroom — a strategic upgrade that could enhance both resale value and rental appeal.
The interior utility room provides dedicated laundry space, while the detached 2-car carport with a rear work area adds functionality for storage, workshop use, or future improvements.
The generous lot size is a key feature, offering room to enhance curb appeal, expand outdoor living, or explore additional possibilities.
Serviced by a private well, this property is ideal for investors seeking a project with upside in a growing area.
With the recent price adjustment, this opportunity becomes even more attractive for those looking to maximize returns.
Schedule your showing and explore the potential this property has to offer.
Property details
- Beds
- 4
- Baths
- 1
- SqFt
- 1,466
- Lot
- —
- Year built
- 1949
- Type
- Single Family
- Days on market
- 55
- Heating
- Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,729/ month
- Principal & interest
- $1,455
- Property tax (~1.05%)
- $205
- Homeowners insurance
- $68
- HOA dues
- —
Down payment
$11,750 down · $223,250 financed
Income to qualify (28% rule)
~$74,125 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.